True or False: Licenses are transferable during relocation, change of owner, owner death, or incompetency.

Licenses are not transferable during any of the specified situations, including relocation, change of owner, owner death, or incompetency. Each individual or entity must maintain their specific licensure, as licenses are issued based on individual qualifications, training, and examinations. When there is a change in ownership or if an existing licensee cannot continue due to death or incompetency, the new entity or individual must apply for a new license. Additionally, relocation of a business does not automatically transfer the existing license; the facility must be re-registered in the new location. Thus, the statement is false, as licenses are specific to the licensed individual or business and cannot simply be transferred to another party under any circumstances listed.